Article

Let’s fight global tax dodgers with cutting-edge data science

By Don Griswold

Using digital technology to pursue global tax evaders and other corrupt financial actors was a much-discussed topic at last month’s International Anticorruption Conference—the largest and most influential assembly of its kind for nearly 40 years. Mind-boggling complexity and opacity characterize much of the “planning” that some multinational corporations, billionaires, and global criminals have used in recent years to hide $50 trillion in wealth from government authorities and to evade or avoid $480 billion in tax each year.

Leaders distilled the conference’s key findings into an 11-point “Washington Declaration” that included this conclusion: “Governments should enhance digital governance and regulatory mechanisms based on the principles of transparency, accountability and integrity, including for artificial intelligence, blockchain and distributed ledger technology, and big data.”

Related Content